Stegent Equity Advisors Inc. Trims Position in Vanguard Information Technology ETF $VGT

Stegent Equity Advisors Inc. cut its holdings in shares of Vanguard Information Technology ETF (NYSEARCA:VGT) by 5.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,099 shares of the exchange traded fund’s stock after selling 64 shares during the quarter. Stegent Equity Advisors Inc.’s holdings in Vanguard Information Technology ETF were worth $729,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Wheelhouse Advisory Group LLC increased its holdings in Vanguard Information Technology ETF by 6.1% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 22,848 shares of the exchange traded fund’s stock worth $15,155,000 after acquiring an additional 1,317 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in Vanguard Information Technology ETF by 17.5% in the 1st quarter. Golden State Wealth Management LLC now owns 141 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 21 shares in the last quarter. Endowment Wealth Management Inc. purchased a new stake in Vanguard Information Technology ETF in the 2nd quarter worth $289,000. American National Bank & Trust increased its holdings in Vanguard Information Technology ETF by 173.3% in the 2nd quarter. American National Bank & Trust now owns 164 shares of the exchange traded fund’s stock worth $109,000 after acquiring an additional 104 shares in the last quarter. Finally, Index Fund Advisors Inc. increased its holdings in Vanguard Information Technology ETF by 286.4% in the 2nd quarter. Index Fund Advisors Inc. now owns 6,472 shares of the exchange traded fund’s stock worth $4,292,000 after acquiring an additional 4,797 shares in the last quarter.

Vanguard Information Technology ETF Stock Up 1.6%

Shares of VGT opened at $774.14 on Friday. Vanguard Information Technology ETF has a 52-week low of $451.00 and a 52-week high of $776.40. The firm’s fifty day moving average is $729.21 and its two-hundred day moving average is $659.86. The stock has a market cap of $114.53 billion, a PE ratio of 34.55 and a beta of 1.16.

About Vanguard Information Technology ETF

Vanguard Information Technology ETF seeks to track the investment performance of the MSCI US Investable Market Information Technology 25/50 Index, a benchmark of large-, mid-, and small-cap United States stocks in the information technology sector, as classified under the Global Industry Classification Standard (GICS).